3 myths you should know about electric cars in the USA
On 6 October 2018, the intergovernmental panel on climate change issued a special report to policymakers urging that, in order to avoid the most catastrophic consequences of climate change, we…

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What electric vehicles will debut in the coming years?
Automakers and startups are preparing a fleet of new electric vehicles, crossovers, SUVs and even pickups for the coming model years. For example, new electric cars that will go to…

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Retail is dead: why Tesla will get more profit by closing stores
Elon Musk recently announced that Tesla will close 10-30% of retail stores with low efficiency and completely change its sales strategy. Some shareholders of the company have already expressed their…

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Monthly Archives: December 2017

BNEF: by 2040, almost 60% of new car sales will be electric

According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number of electric vehicles, in turn, means that the peak demand for oil can come in just 10 years.

According to a new Bloomberg NEF report, oil demand is projected to peak in 2028 for passenger cars and in 2035 for commercial vehicles. The rapid growth in electric vehicle sales will cause a slowdown, a peak, and then a drop in oil consumption. Oil prices and the cost of investment in oil companies will fall. Continue reading

Electric cars will not save the planet without renewable energy

Several countries, including France, Norway and the UK, are planning to abandon fossil-fuel-powered cars by 2040-50 to reduce air pollution and combat climate change. The idea is to replace cars with internal combustion engines by electric vehicles. However, this is unlikely to help the environment, as electric vehicles are charged with electricity, which is produced from the same “dirty” fossil fuel.

By 2040, global electricity consumption by electric vehicles will rise to 1,800 TWh — about five times the current annual electricity consumption in the UK. Using UK data as a benchmark, carbon emissions will amount to an additional 510 megatons coming from the electricity sector worldwide. But this figure can be significantly reduced if electricity is produced exclusively from renewable energy sources and not from fossil fuels. Continue reading

The debate over electric cars is raging among the world's largest automakers
Among the largest automakers in the world are raging debate about electric vehicles. Some believe that electric cars produced by companies other than Tesla have a chance of becoming a…

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Buy or not buy electric cars after commercial use
New electric cars, though falling in price faster than expected, but still remain quite expensive. Therefore, for the Ukrainian buyer, the alternative is the purchase of electric vehicles with mileage,…

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Electric car for dummies: how to read the characteristics of electric vehicles
Do you not understand the meaning of a particular definition in the characteristics of the vehicle with electric drive? If Yes, the following material is especially for you. The fact…

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